MN · AsiaSC · Africa
Mongolia vs Seychelles: tax rates compared
Seychelles's income tax rate is 10pp higher than Mongolia's (30% vs 20%). The 200-country average is 28%: Mongolia sits below it, Seychelles sits above it. Mongolia's figure is dated 2026-06-08 and Seychelles's 2018-06-01, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MN | SC | Difference |
|---|---|---|---|
| Income Tax | 20% | 30% | SC +10 pplargest gap |
| Corporate Tax | 25% | 25% | match |
| VAT | 10% | 15% | SC +5 pp |
| Capital Gains Tax | 10% | 0% | MN +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 20% | Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08 |
| Seychelles | 30% | Source: Seychelles Revenue Commission — Income and Non-Monetary Benefits Tax · as of 2018-06-01 |
| Difference | −10 pp | Seychelles higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Seychelles | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Mongolia's corporate tax rate is identical to Seychelles's — both sit at 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mongolia | 10% | Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08 |
| Seychelles | 15% | Source: Seychelles Revenue Commission · as of 2010-01-01 |
| Difference | −5 pp | Seychelles higher |
Seychelles's VAT rate is 5pp higher than Mongolia's (15% vs 10%). The 181-country average is 15%: Mongolia sits below it, Seychelles matches the world average. Mongolia's figure is dated 2026-06-08 and Seychelles's 2010-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 10% | Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08 |
| Seychelles | 0% | Source: Seychelles Revenue Commission — The Seychelles Tax System · as of 2026-07-19 |
| Difference | +10 pp | Mongolia higher |
Mongolia's capital gains tax rate is 10pp higher than Seychelles's (10% vs 0%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Mongolia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08 |
| Seychelles | 0% | Source: Seychelles Revenue Commission · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Mongolia's wealth tax rate is identical to Seychelles's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.